BAC
Bank of America Corporation
BAC has the edge over QFIN overall, supported by stronger fundamentals and lower modeled downside.
QFIN
Qfin Holdings, Inc.
QFIN trails on the overall score without a compensating advantage in the available component scores.
BAC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BAC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BAC.
QFIN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
QFIN's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like QFIN.
BAC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $39.50 | -22% |
| Forward | 10x | $50.51 | — |
| Current | 12x | $50.51 | — |
| Fair | 13x | $53.81 | +6.5% |
| Expensive | 15x | $62.23 | +23% |
Historical ranges are pointers, not guarantees.
BAC's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its cheap range.
QFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 0.7x | $5.15 | — |
| Cheap | 2.6x | $18.64 | +262% |
| Fair | 4.6x | $32.73 | +535% |
| Expensive | 6.7x | $47.38 | +820% |
Historical ranges are pointers, not guarantees.
QFIN has the edge over BAC in the historical PE scenario, which offers more potential upside but is not a forecast.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over QFIN on the outlook, with more favorable earnings and revenue expectations.
QFIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect QFIN's earnings and revenue to decline, with profitability weakening.
BAC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.92 | +17% |
| Q3 2026 | $4.19 | +14% |
| Q2 2026 | $4.34 | +27% |
| Q1 2026 | $4.02 | +20% |
| Q4 2025 | $3.81 | +19% |
| Q3 2025 | $3.66 | +33% |
| Q2 2025 | $3.41 | +20% |
| Q1 2025 | $3.35 | +16% |
| Q4 2024 | $3.21 | +4.2% |
BAC's earnings per share have climbed steadily: $4.19 over the past year, up 14% from the year before, and higher year over year for eight quarters in a row.
QFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $7.06 | -6.9% |
| Q1 2026 | $7.96 | +13% |
| Q4 2025 | $7.70 | +23% |
| Q3 2025 | $7.41 | +41% |
| Q2 2025 | $7.58 | +68% |
| Q1 2025 | $7.03 | +68% |
| Q4 2024 | $6.25 | +59% |
| Q3 2024 | $5.25 | +58% |
QFIN earned $7.06 per share over the past year, down 6.9% from the year before.
BAC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30B | +6.7% |
| Q2 2026 | $31.6B | +19% |
| Q1 2026 | $30.3B | +11% |
| Q4 2025 | $31.2B | +23% |
| Q3 2025 | $28.1B | +11% |
| Q2 2025 | $26.5B | +4.3% |
| Q1 2025 | $27.4B | +6% |
| Q4 2024 | $25.3B | +15% |
BAC has the edge over QFIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | -3.7 points |
| Q2 2026 | 37% | +7.6 points |
| Q1 2026 | 34% | +4.7 points |
| Q4 2025 | 40% | +12 points |
| Q3 2025 | 34% | +4.8 points |
| Q2 2025 | 29% | -0.7 points |
| Q1 2025 | 30% | +1.5 points |
| Q4 2024 | 28% | +14 points |
BAC's operating margin was 30% last quarter, down 3.7 points from the same quarter a year ago.
QFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $533.7M | -18% |
| Q1 2026 | $586.7M | -3.7% |
| Q4 2025 | $511.6M | -24% |
| Q3 2025 | $781.2M | +19% |
| Q2 2025 | $649.6M | +4.1% |
| Q1 2025 | $609.2M | -2.3% |
| Q4 2024 | $672.7M | -0.3% |
| Q3 2024 | $655.8M | +2.1% |
QFIN's revenue is shrinking: $534M last quarter, down 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 32% | -18 points |
| Q1 2026 | 28% | -26 points |
| Q4 2025 | 34% | -8.4 points |
| Q3 2025 | 33% | -20 points |
| Q2 2025 | 50% | +2.5 points |
| Q1 2025 | 55% | +22 points |
| Q4 2024 | 42% | +14 points |
| Q3 2024 | 52% | +20 points |
QFIN has the edge over BAC on profitability, with a higher operating margin.
BAC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6.5B | -114% |
| Q2 2026 | $29B | +$38.2B |
| Q1 2026 | $41.8B | +$44B |
| Q4 2025 | -$22.9B | -189% |
| Q3 2025 | $46.9B | +$84.2B |
| Q2 2025 | -$9.1B | -150% |
| Q1 2025 | -$2.2B | +$13.4B |
| Q4 2024 | $25.9B | -21% |
BAC's free cash flow was $41.4B over the past year, down 33% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BAC.
QFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $162.8M | -59% |
| Q1 2026 | $314.8M | -25% |
| Q4 2025 | $0 | -100% |
| Q3 2025 | $375.4M | +5.5% |
| Q2 2025 | $393.5M | +34% |
| Q1 2025 | $421.1M | +43% |
| Q4 2024 | $435M | +28% |
| Q3 2024 | $355.9M | +91% |
QFIN has the edge over BAC on cash flow, with more consistent year-over-year improvement.
BAC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -72M shares |
| 1 year | -5.3% | -405M shares |
| 3 years | -11% | -854M shares |
| 5 years | -15% | -1.3B shares |
| Available history | -24% | -2.2B shares |
BAC has the edge over QFIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6B |
| Q2 2026 | $6B |
| Q1 2026 | $7.2B |
| Q4 2025 | $6.3B |
| Q3 2025 | $5.3B |
| Q2 2025 | $5.3B |
| Q1 2025 | $4.5B |
| Q4 2024 | $3.5B |
BAC spent $25.6B buying back its own shares over the past year, up 37% from the year before.
QFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +4.9% | +6.7M shares |
| 3 years | -14% | -22.8M shares |
| 5 years | -11% | -18.4M shares |
| Available history | -4.6% | -6.9M shares |
QFIN has 143M diluted shares, up 4.9% from a year ago, despite $707M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $706.5M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $446.2M |
| Q3 2024 | — |
QFIN spent $707M buying back its own shares over the past year, up 58% from the year before.
BAC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.4x | High |
| Q2 2026 | 6.7x | High |
| Q1 2026 | 7.1x | High |
| Q4 2025 | 7.7x | High |
| Q3 2025 | 8.3x | High |
| Q2 2025 | 8.8x | High |
| Q1 2025 | 8.6x | High |
| Q4 2024 | 9.0x | High |
BAC's net debt is about 6.4 years of its operating earnings (EBITDA), down from 8.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like BAC.
QFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.4x | Net Cash |
QFIN has the edge over BAC on leverage, with a lower net debt burden relative to earnings.
BAC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.1 | Neutral |
| Stochastic | 4.9 | Oversold |
BAC's weekly RSI is 37 (neutral) and its Stochastic is 5 (oversold).
QFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.0 | Oversold |
| Stochastic | 2.9 | Oversold |
QFIN's weekly RSI is 24 (oversold) and its Stochastic is 3 (oversold).
BAC PE vs Financial Services Sector
| Metric | BAC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 7.5% below |
| PE % | 40 | 63 | 23 pts below |
BAC is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
QFIN PE vs Financial Services Sector
| Metric | QFIN | Sector median | Relative |
|---|---|---|---|
| PE | 0.7x | 13x | 94% below |
| PE % | 0 | 63 | 63 pts below |
QFIN has the edge over BAC on valuation relative to its sector.
BAC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $52.1 | 3% below |
| 20 week MA | $57.8 | 13% below |
| 50 week MA | $54.7 | 7.7% below |
| 100 week MA | $50.5 | 0% below |
| 200 week MA | $42.5 | 19% above |
BAC has the edge over QFIN on trend strength, trading above more of its moving averages.
QFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.85 | 12% below |
| 20 week MA | $9.34 | 45% below |
| 50 week MA | $13.0 | 60% below |
| 100 week MA | $24.5 | 79% below |
| 200 week MA | $22.3 | 77% below |
QFIN is in a downtrend: it's below all five of its weekly moving averages, and 77% below its 200-week average.
BAC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.4 | $30.0 | -15% |
| 2021 | $30.0 | $44.4 | +48% |
| 2022 | $44.4 | $32.5 | -27% |
| 2023 | $32.5 | $33.7 | +3.7% |
| 2024 | $33.7 | $44.3 | +32% |
| 2025 | $44.3 | $56.2 | +27% |
| 2026 YTD | $56.2 | $50.5 | -10% |
BAC has the edge over QFIN on returns for 2026, with the stronger performance.
QFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.41 | $10.8 | +15% |
| 2021 | $10.8 | $22.0 | +103% |
| 2022 | $22.0 | $19.3 | -12% |
| 2023 | $19.3 | $15.8 | -18% |
| 2024 | $15.8 | $38.2 | +141% |
| 2025 | $38.2 | $20.0 | -48% |
| 2026 YTD | $20.0 | $5.15 | -74% |
QFIN's yearly returns have swung widely, from +141% in 2024 to −48% in 2025. It's down 74% so far in 2026.